Porcelin Ferrari 599 auctioned for 1.2m Euros

November 9th, 2009 by Darren Cottingham

Ferrari 599 porcelin s

A one-off Ferrari has been auctioned off for €1.2 million. The unique Ferrari 599 China (read news) was purchased by an anonymous, silent auction participant based in Shanghai.

Chinese artist Lu Hao designed the 599 with pottery patterns from the Song Dynasty before it was shown off at the automakers’ fundraising dinner at the Red Gate Gallery in Beijing.

The proceeds from the charity auction will go to funding Tsighua University auto engineering students and teachers to study at the Politecnico di Milano university in Italy. Scholarship winners will also get a chance to intern at Ferrari.

Other items auctioned off included a Michael Schumacher-signed helmet and race-worn overalls from F1 driver Giancarlo Fisichella.